Given the following historical data,what is the moving-average forecast for period 6 based on the last three periods?
A)67
B)68
C)69
D)100
E)115

Question

Given the following historical data,what is the moving-average forecast for period 6 based on the last three periods?
A)67 
B)68 
C)69 
D)100 
E)115

Quizplus · Accepted Answer

The moving-average forecast for period 6 is calculated by averaging the values of the last three periods. If the values for periods 3, 4, and 5 are 66, 68, and 70 respectively, the average is (66+68+70)/3 = 68.

Given the Following Historical Data,what Is the Moving-Average Forecast for Period